ADX stands for average directional index. Its value ranges from 0 to 100.

As its name implies ADX is used to measure directional movement. Its value is derived from 2 other indicators +DI and -DI.

In this blog, I will provide list of KLSE Stocks based on
1. 13 Period ADX > 20
2. 13 Period +DI crosses over -DI for Long signal.
3. 13 Period +DI crosses under -DI for Short signal.
4. Volume trade > 100,000 shares

Thursday, March 13, 2008

Scan 13 Mar 08

ADX Scan based on closing price on 13 Mar 08
Symbol TypeDateClose PriceVolume13 Day ADX13 Day +DI13 Day -DI
2097Long3/13/20080.13446390045.012723
3115Short3/13/20080.09281570033.961722
5012Short3/13/20086.611900033.482630
6572Short3/13/20084.3218730026.612226
7243Short3/13/20080.12535910032.711723
8648Short3/13/20080.119990021.823342

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